1 S&P 500 Dividend Stock Down 56% to Buy and Hold Forever
Keep winners, ditch losers. That's usually not bad advice for investors. There's one big problem, though: Sometimes long-term winners temporarily look like losers.
Even the biggest and the best companies can undergo periods when things just don't go their way. One especially comes to mind for me. Here's an S 500 dividend stock down 56% to buy and hold forever.
I won't prolong the suspense. The stock I'm talking about is (NYSE: PFE). And it has admittedly been a loser for investors in recent years. Since late 2021, shares of the big drugmaker have plunged close to 56%.
Source Fool.com
Pfizer Inc. Stock
€28.41
0.230%
With 28 Buy predictions and 4 Sell predictions Pfizer Inc. is one of the favorites of our community.
With a target price of 41 € there is a positive potential of 44.32% for Pfizer Inc. compared to the current price of 28.41 €.
